Growth and Empowerment: Making Development Happen (Munich Lectures in Economics)
ISBN-13:
9780262195171
ISBN-10:
0262195178
Author:
Jean-Jacques Dethier, Lord Stern of Brentford Nicholas Stern, F Halsey Rogers
Publication date:
2005
Publisher:
MIT Press
Format:
Hardcover
488 pages
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Book details
ISBN-13:
9780262195171
ISBN-10:
0262195178
Author:
Jean-Jacques Dethier, Lord Stern of Brentford Nicholas Stern, F Halsey Rogers
Publication date:
2005
Publisher:
MIT Press
Format:
Hardcover
488 pages
Summary
Growth and Empowerment: Making Development Happen (Munich Lectures in Economics) (ISBN-13: 9780262195171 and ISBN-10: 0262195178), written by authors
Jean-Jacques Dethier, Lord Stern of Brentford Nicholas Stern, F Halsey Rogers, was published by MIT Press in 2005.
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Description
Despite significant gains in promoting economic growth and living conditions (or "human progress") globally over the last twenty-five years, much of the developing world remains plagued by poverty and its attendant problems, including high rates of child mortality, illiteracy, environmental degradation, and war. In Growth and Empowerment, Nicholas Stern, Jean-Jacques Dethier, and F. Halsey Rogers propose a new strategy for development. Drawing on many years of work in development economics―in academia, in the field, and at international institutions such as the World Bank―the authors base their strategy on two interrelated approaches: building a climate that encourages investment and growth and at the same time empowering poor people to participate in that growth. This plan differs from other models for development, including the dogmatic approach of market fundamentalism popular in the 1980s and 1990s. Stern, Dethier, and Rogers see economic development as a dynamic process of continuous change in which entrepreneurship, innovation, flexibility, and mobility are crucial components and the idea of empowerment, as both a goal and a driver of development, is central. The book points to the unique opportunity today―after 50 years of successes and failures, and with a growing body of analytical work to draw on―to pursue new development strategies in both research and action.
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